We put forward a way to govern ASIC better. The government said no
- Written by Kevin Davis, Professor of Finance, University of Melbourne
The current governance/management crisis at the Australian Securities and Investments Commission, ASIC has seen a deputy chairman resign and the chairman step aside under a cloud.
It might have arisen simply because of lax internal accounting, compliance, and reporting procedures regarding payments (larger than those approved) benefiting the...
Read more: We put forward a way to govern ASIC better. The government said no